India’s exports grew by 11.64% y/y to USD 25.83bn in July this year, due to the exports to Africa, according to data of the Association of Southeast Asian Nations (ASEAN) and Far East regions. According to S R Rao, Commerce Secretary, the country’s imports declined to USD 38.1bn during the period, resulting in a trade deficit of USD 12.2bn.
The import of gold and silver was recorded at USD 2.9b during the period, as compared to USD 4.4bn posted during the same period last year. The country’s exports accelerated to USD 98.2bn during April to July, while the imports were posted at USD 160.7bn, resulting in a trade deficit of USD 62.4bn.
The acquisition of India's Essar Oil led by Russian oil major Rosneft can be “considered done”, the state-controlled company’s CEO Igor Sechin said at the annual shareholder meeting on June 22, ... more
Vietnam’s textile and garment exports to South Korea expanded 53.5% y/y recording USD 1.64bn last year, while the nation overall exports to South Korea accelerated 18.9% y/y posting USD 6.6bn. The ... more
Vietnam’s trade with Kazakhstan expanded USD 221.8mn during first eleven months last year. According to Erbolat Dossaev, Kazakh Minister of Economy and Budget Planning, Vietnam’s exports to ... more